Circle Technologies
Our device, the Tekla, measures the concentration of biologic drugs in bioreactors in real-time. This helps manufacturers decrease costs and increase revenue.
- Stage Prototype Ready
- Industry Biotechnology
- Location Tulalip, WA, USA
- Currency USD
- Founded October 2011
- Employees 1
- Incorporation Type C-corp
Company Summary
The Tekla by Circle Technologies automatically measures the concentration of biologic drugs in bioreactors. This allows biologic manufacturers higher yields and lower manufacturing costs. We received a US Utility Patent in March 2020.
Ours is a high growth market: global biologic sales were $161 B (USD) in 2014, $200 B in 2017, with $250 B expected in 2020. Global spending on equipment for biologics was $15B in 2013; $20B expected in 2020.
Team
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Founder, President, CEO
Andrew has worked for 20 years in the biopharmaceutical industry, including positions at CMC Biologics making the drug Ixinity, and at Immunex making the blockbuster, Enbrel. He completed a PhD in Analytical Chemistry from the University of Washington's Center for Process Analysis and Control, designing real-time measurement devices. He received business training at Edmonds CC and Life Science Washington's Executive Mentorship Program.
Advisors
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Bryan Brewer, Startup Coach, Fundraising Advisor for CEOs. Creator of the Minimum Fundable Company Test.Unconfirmed
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